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Forex Trend Analysis Report
Prepared for you on Sunday, December 8, 2024.
Swedish Krona/Brazilian Real (FOREX:SEKBRL)
Bull Market Weakness (+75) - SEKBRL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SEKBRL as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SEKBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKBRL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SEKBRL
The long-term trend has been UP since May 28th, 2024 at 0.49026767
The intermediate-term trend has been DOWN since Nov 6th, 2024 at 0.53374894
The short-term trend has been UP since Nov 24th, 2024 at 0.52905628
Smart Scan Analysis for SEKBRL
Based on our trend formula, SEKBRL is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.55355728 | 0.55747437 | 0.55068409 | 0.55685808 | +0.00330100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.55355728 | 2024-12-06 17:06:30 |